This directory has input (.inp) and output (.dat) files for versions
of the benchmark model, where the output files are the results from
running ../codes/trantf.f90 or ../codes/trantf_e.f90. 


   continue.*   Continue with current policy
   nofica.*     Phase out FICA taxes (quickly) and transfers (slowly)
   noficas.*    Phase out FICA taxes (slowly) and transfers (slowly)
   nofringe.*   Additionally suspend deductibility of benefits
   reverse.*    Additionally lower marginal rates on workers (temporarily)
   nomedss.*    Additionally lower marginal rates on workers (permanently)

   nocaptax.*   Additionally phase out capital income taxes 
   eqgain.*     or, additionally increase NIPA transfers to lower incomes

   avgrate.*    Or, lower rates on workers so they equal US averages

Figures in the paper compare welfare of the nofica, nofringe, reverse,
nomedss, nocaptax, and eqgain cases versus continuing with current
policy (continue).  To generate these figures, run ../codes/plotgains.m.
To generate information about the transition, run ../codes/plottrantf.m
or ../codes/plottrantf_e.m and then ../codes/plotgini.m. Results shown 
in the paper and appendix are generated with ../codes/maketabs.m.


Ellen McGrattan
July 2015